The cash and cash equivalent lowered from 24% of their entire assets in 2003 to about 20% in 2004. The debt amount had a considerable drop between 2003 and 2004. Even though their current liability arrangement went down from 25.6% in 2003 to 24.3% in 2004, it has become apparent that they have owed it long-term since this category rose from 23% of total liabilities to 26.4% in 2004. The equity structure of Lucent Technologies enhanced from a shortage representing a negative representation of their total liabilities and shareholder's equity in 2003 when compared to 2004. Lucent Technologies’ equity position is considered a deficit; however, this seems to become lesser of an issue as years progress.
There was a combination of domestic and worldwide conditions that led to the Great Depression. Many have believed that the crash of the stock market on October 29th, is one and the same with the Great Depression. In fact, it was one of the major causes that led to the Great Depression. Two months after the original crash in October, stockholders had lost more than $40 billion dollars. Even though the stock market began to recover some of its losses, by the end of 1930, it just was not enough and America truly entered what is called the Great Depression.
. 2. Operating profit down in electronic business operating profit in the electronics business was down 39.7 percent to ¥49.5 billion for the quarter, affected by increased restructuring expenses. 3. Too much cost During the quarter the restructuring costs, largely related to factory closures and an early-retirement program, totalled ¥46.3 billion or around five times that of the same period a year earlier, said Year.
We see this again from 2004 all the way to 2010 with unemployment increasing to 10%. We can see that the economy hits a recession after roughly 10 years of gradual expansion. Okun’s Law states that for every 1% rises in Unemployment, GDP decreases by roughly 3%. The above Scatter Plot chart shows data from 1981 to 2010 and we can see that for every 1% rise in Unemployment over this period, GDP dropped by 0.4%. This shows a negative slop and that the relationship is relatively weak due to the fact the GDP has decreased by less than 1%.
Current macroeconomic issues 2.1 Steady growth GDP can be seen as “the total annual output of goods and services on which aggregate demand is spent” (Sloman, 2008, p.277); it can be calculated as the sum of consumer spending, investments, government spending and balance of import and export. 2.1.1 Current issue UK has a fluctuant GDP since 2009. There is both positive and negative growth in the recent years (Trading Economics, 2013). GDP of UK shrank by 0.3% at the end of 2012, which is mainly attributed to drop in mining and quarrying industry, after maintenance delays at North Sea oil field. Manufacturing is another sector that causes the negative growth in GDP; it has decreased by 1.5% than the year before.
According to Robert E. Scott and Christian Weller, “further increases in real short - term interest rates herald a slowdown.” Further evidence that suggests a recession was on the horizon was information released from the National Bureau of Economic Research that states, “A peak marks the end of an expansion and the beginning of a recession.”(The Business Cycle Peak, March 2001.) During an expansion, however the economy is experiencing normalcy, and during this period the economy is between a trough and peak. The National Bureau of Economic Research, however, defines a recession as, “ a significant decline in activity spread across the economy, lasting more than a few months, visible in industrial production, employment, real income and the wholesale-retail trade.” (the Business Cycle Peak.) Therefore, when a peak date was determined in March 2001 it marked the end of an expansion that began in March 1991, and hence the beginning of a recession. This marked the end of the longest economic expansion that lasted ten years of rising incomes and employment.
Net Profit Margin The relationship between the final profit and sales. It shows the percentage of sales income that remains after taking account of all expenses. Premier Investments had a significantly large loss within the time period from 16.11% to 9.54%. Such a large decrease, 6.57%, shows that after all expense the company made a lot less than last year. Gross Profit Margin represents the relationship between the gross profit earned for a period and the sales for the same period.
New competitors mean he may have difficulty putting price increases in. Cost of sales have increased year on year, resulting in a decreasing Gross Profit, and Gross Profit Percentage: Year End 2003 Sales Cost of Sales Gross Profit GP% 2210000 1768000 442000 20% Year End 2004 2295000 1895000 436000 19% Year End 2005 2380000 1952000 428000 18% His GP% is dropping, and is slightly lower than the industry norm of 20%. The decreasing GP impacts directly the bottom line of the firm. Expenses Marcello’s expenses have been increasing year on year, significantly in the “general and admin” line expense. Marcello’s depreciation expense is decreasing.
The soft drink industry in the U.S. had been declining 12.3 percent in 2008 and 2009 and vitamin-water water sales had decreased by 12.5 percent over the same time period. Energy drink sales had rapidly increasing in the mid 2000’s and increased by 0.2 percent from 2008 to 2009. Energy drinks could be sold at a premium price and they had a 400 percent price per volume over soft drinks. Worldwide sales of energy drinks grew 13 percent annually between 2005 and 2007 and 6 percent annually between 2007 and 2009. 2.
One of the effects of shift lag has been found to be decreased alertness. Shift workers often experience a circadian trough where there alert levels plummet. This usually occurs between 12:00am and 4:00am and is due to reduced body temperature and a decrease in cortisol levels. This effect of shift work has been supported by research carried out by Moor Ede. It has been found that the decreased alertness, as a result of shift lag, costs the USA seventy billion dollars per year.